DAILY COMMODITY MARKET STRATEGY-5 Jun 2015
BULLION
Gold August future has added 0.2 percent in early deals at $ 1,177.40.Silver July delivery has gained 0.3 percent at $ 16.148.Platinum July contract is almost unchanged at $ 1,100.
ENERGY
Crude Oil and Brent Oil July series are slightly up at $ 58.02 and $ 62.18, respectively.Natural Gas July delivery is marginally down at $ 2.628.
BASE METAL
Copper July future is now quoted at $ 2.683 - down 0.15 percent.The closing of Copper was lower as the prices witnessed profit booking failing to breach Rs 390 per kg as a psychological level. The prices of MCX Copper settled the session at Rs 381.35 per kg against Rs 387.7 per kg.
The prices of Copper trimmed to levels of Rs 380 per kg. On the higher side, Copper June is now eyeing to find some friction at Rs 390 per kg on the higher side. Breaking this level would mean that prices can move to Rs 400 per kg.
CapitalStars Financial Research Private Limited is an
advisory company incepted with a vision of providing fair and accurate trading
and investment calls in share and commodity market.
Get Free Share Market Tips, MCX Tips Free Trial, NCDEX Tips, Commodity Tips, Nifty Futures Tips with profitable calls and tips.
Capitalstars Financial Research Private Limited is a research house and an investment advisory group.
!!!!!!!! This is good for all traders and reliable for new investors. In time gold market has very fluctuated compare to silver. It fully depends on the economic condition of the market and its movements.!!!!!!!!!!!
ReplyDeleteMcx Trading Tips